Constitution of The BahamasIn briefThe public debt, and the costs of servicing and managing it, are charged on the Consolidated Fund.
The Public Debt of the Bahamas, including the interest on the debt, sinking fund payments and redemption monies in respect of that debt and the costs, charges and expenses incidental to the management of that debt, is hereby charged on the Consolidated Fund.
The Public Debt of The Bahamas is charged on (must be paid from) the Consolidated Fund (the Government's main account). This includes interest on the debt, sinking fund payments (money set aside to repay the debt) and redemption money for that debt, and the costs, charges and expenses of managing that debt.